Stablecoins have ignited another round of market fervor. Recently, it was reported that Ant International is planning to apply for stablecoin licenses in Hong Kong and Singapore. On June 12, Ant International responded that it is accelerating investments and expanding cooperation in global treasury management, committing its AI, blockchain, and stablecoin innovations to large - scale, reliable applications. "We welcome the passage of the Stablecoin Ordinance Bill by the Hong Kong Legislative ...